OILPRICE

U.S. crude oil supply will rise more slowly than expected for the rest of 2025 and in 2026 and peak as early as this year, as WTI benchmark...

Saudi Arabia has raised the price of its flagship crude grade loading for Asia in June, just as the Saudi-led OPEC+ group decided to continu...

Goldman Sachs has slashed its oil price forecast for a third time in one month after OPEC+ decided this weekend to hike production in June w...

The European Union has a non-binding goal to phase out imports of Russian natural gas by 2027, but it’s unlikely to resort to a ban to achie...

Warren Buffett is retiring by the end of the year as CEO at the Berkshire Hathaway empire he has built and is recommending the board replace...

Lundin Mining Corp. has declared the Filo del Sol copper discovery one of the largest in recent history, containing an estimated 13 million...

Shell is reportedly considering a takeover bid for fellow supermajor BP, which has seen its fortunes dim recently after its rather premature...

OPEC+ could bring back 2.2 million barrels daily in supply by November this year in an apparent acceleration of the rollback of its producti...

Previously, we reported that commodity analysts at Standard Chartered were bullish on oil prices in the current year, thanks to strong oil f...

Since coming into power, U.S. President Donald Trump has been fighting to increase oil and gas production while reining in the renewable ene...

Hydrogen was supposed to be at the heart of the global decarbonization movement. Lofty goals were set to implement green hydrogen into the t...

Signs have emerged that the U.S.-China trade war is already hitting oil demand in the shipping and aviation sectors, and this weakness could...

Since June 2022, the European Union has granted Ukraine full trade liberalization to help support the war-torn country’s economy. These meas...

As the clean energy transition picks up pace around the world, more and more land is needed to accommodate utility-scale solar and wind farm...

As companies worldwide race to increase their green hydrogen production capacity to power heavy industry and transport in support of a green...

Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output increase for June. I...

Blackouts across the Iberian Peninsula have exposed the fragility of our highly-connected infrastructure – and Britain is uniquely ill-equip...

Forever chemicals seem to be coming up in weekly news articles around the world, as people become increasingly concerned about just how many...

Afghanistan's Taliban rulers were shunned by foreign governments after seizing power in 2021, but recently the hard-line militants have notc...

An increasing number of "zombie" or "phantom" oil tankers—vessels that assume the identities of scrapped ships—have emerged off Venezuela's...

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes pub...

Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent supply outlook w...

Canadian producer Imperial Oil booked a higher net income for the first quarter than a year earlier as industry refining margins improved. I...

Numbers Report – May 02, 2025 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put o...

Politics, Geopolitics & Conflict - The fourth round of indirect nuclear negotiations between the U.S. and Iran, initially scheduled for May...